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Releasing Limiting Beliefs Around Money

A Path to Financial Freedom

By Holly RaePublished 2 years ago 5 min read

Money is a fundamental part of our lives, yet it often becomes a source of stress and anxiety. Many of us are held back by limiting beliefs about money, which can prevent us from achieving financial success and stability. These beliefs, often ingrained since childhood, shape our attitudes and behaviors towards money, creating a self-fulfilling prophecy of financial struggle. Releasing these limiting beliefs is crucial for achieving financial freedom and living a more abundant life.

Understanding Limiting Beliefs

Limiting beliefs are deeply held convictions that constrain our potential. When it comes to money, these beliefs might manifest as thoughts like "money is the root of all evil," "rich people are greedy," or "I will never be wealthy." These beliefs are often inherited from our family, culture, or society and become embedded in our subconscious mind, influencing our financial decisions and behaviors.

For example, if you grew up in a household where money was always scarce and the subject of constant arguments, you might develop a belief that money is difficult to come by or that having a lot of money leads to problems. These beliefs can result in self-sabotaging behaviors such as overspending, avoiding investments, or undercharging for your services.

Identifying Your Limiting Beliefs

The first step in releasing limiting beliefs around money is to identify them. This requires introspection and honesty. Start by examining your financial history and current situation. Are there patterns of financial struggle, debt, or missed opportunities? Reflect on your thoughts and feelings about money. Do you experience fear, guilt, or shame when dealing with finances? These negative emotions are often indicators of underlying limiting beliefs.

Journaling can be a powerful tool in this process. Write down your thoughts about money, paying attention to any recurring themes or negative statements. For example, you might notice that you frequently think, "I can't afford that," or "I'm just not good with money." These statements reveal the beliefs that are shaping your financial reality.

Challenging and Reframing Limiting Beliefs

Once you have identified your limiting beliefs, the next step is to challenge and reframe them. This involves questioning the validity of these beliefs and replacing them with more empowering ones.

Start by examining the evidence for and against your beliefs. For instance, if you believe that "money is the root of all evil," ask yourself if this is truly the case. Are there wealthy individuals who use their money for good, contributing to charitable causes and improving the lives of others? By finding examples that contradict your limiting beliefs, you can begin to weaken their hold on your mind.

Next, reframe your beliefs into positive affirmations. Instead of "money is the root of all evil," you might adopt the belief that "money is a tool for creating positive change in the world." Instead of "I will never be wealthy," you could affirm that "I am capable of achieving financial abundance." Repeat these affirmations daily to reinforce your new, empowering beliefs.

Developing a Healthy Money Mindset

Releasing limiting beliefs is only part of the journey. To achieve lasting financial freedom, you need to develop a healthy money mindset. This involves cultivating positive attitudes and habits around money.

Practice Gratitude: Gratitude shifts your focus from what you lack to what you have. By regularly expressing gratitude for the money you have, no matter how little, you create a positive relationship with money. This mindset attracts more abundance into your life.

Set Clear Financial Goals: Having specific, measurable financial goals gives you direction and motivation. Whether it's saving for a home, starting a business, or paying off debt, clear goals help you stay focused and disciplined.

Educate Yourself: Financial literacy is key to managing money effectively. Take the time to learn about budgeting, investing, and saving. There are many resources available, from books to online courses, that can help you build your financial knowledge and confidence.

Surround Yourself with Positive Influences: The people you associate with can significantly impact your beliefs and behaviors. Surround yourself with individuals who have a healthy relationship with money and can offer support and advice.

Practice Mindfulness: Mindfulness helps you stay present and aware of your thoughts and emotions. By practicing mindfulness, you can catch limiting beliefs as they arise and consciously choose to replace them with positive thoughts.

Using EFT to Release Financial Blocks

Emotional Freedom Techniques (EFT), often referred to as "tapping," is a powerful tool that can help release financial blocks and limiting beliefs about money. EFT combines elements of traditional Chinese medicine with modern psychology, using tapping on specific meridian points on the body while focusing on negative emotions and thoughts. This process helps to clear emotional blocks and reprogram the subconscious mind, making it an effective method for addressing money-related issues.

EFT is based on the concept that negative emotions are caused by disruptions in the body's energy system. By tapping on specific points on the body, you can restore balance to this energy system and release the emotional charge associated with negative beliefs and experiences. EFT involves a simple sequence of tapping on nine key meridian points while repeating specific phrases related to the issue you're addressing.

Many financial blocks are rooted in deep-seated emotional issues such as fear, guilt, and shame. These emotions can create subconscious patterns that prevent you from achieving financial success. EFT helps to identify and release these emotional blocks, allowing you to adopt more positive beliefs about money.

For example, if you have a fear of not having enough money, you might avoid opportunities that could increase your income or hold onto scarcity-based behaviors. By using EFT to address this fear, you can reduce its impact and open yourself up to new possibilities.

The eBook Unlocking Abundance: Using EFT to Manifest Money explores this topic and gives numerous EFT scripts to help you manifest money using EFT.

The Power of Visualization

Visualization is a powerful tool for manifesting financial abundance. By regularly visualizing yourself achieving your financial goals, you create a mental image of success that your subconscious mind works towards. Imagine yourself living a life of financial freedom, feeling the emotions of joy, security, and abundance. The more vividly you can picture this, the more real it becomes in your mind, and the more likely you are to achieve it.

Taking Action

Ultimately, releasing limiting beliefs and developing a healthy money mindset requires action. It's not enough to simply change your thoughts; you must also change your behaviors. This means taking concrete steps towards your financial goals, whether it's creating a budget, investing in your education, or seeking professional financial advice.

Taking action also involves stepping out of your comfort zone. This might mean asking for a raise, starting a side hustle, or investing in the stock market. Each step you take builds your confidence and moves you closer to financial freedom.

Conclusion

Releasing limiting beliefs around money is a transformative process that can lead to greater financial freedom and a more abundant life. By identifying and challenging these beliefs, developing a healthy money mindset, and taking consistent action, you can break free from the constraints of your past and create a prosperous future. Remember, the journey to financial freedom begins with a single step – and that step is changing your mind.

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About the Creator

Holly Rae

Hello, my name is Holly Rae. I am an accountant by trade, but have always been told that I am not your typical accountant. I have a creative side that is dying to escape, so I have decided to pursue writing as a creative outlet.

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